Una

JANUARY 11, 2023

Indirect Procurement Quick Reference Guide. Highlighting indirect procurement, why it’s important, how to bring it under control, and common mistakes to avoid. . Quick Guide to Indirect Procurement. Wondering what people mean when they talk about “indirect procurement” but too embarrassed to ask? We’ve put together a quick reference guide that defines the concept, explores the challenges involved and mistakes to avoid, and shows how a group purchasing organization (GPO) can help you bring your

Procurement 98

Procurement Raw materials Change management Risk 98

Procurement Tactics

JANUARY 11, 2023

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Price Negotiation — The Ultimate Guide. Price negotiation allows buyers and sellers to get the price that they want when discussing future work, projects, or collaboration. However, how do you negotiate prices effectively? In this article, we will define what price negotiation is.

Price negotiations 130

Price negotiations Negotiation Price Buyers 130

Finale Inventory

JANUARY 9, 2023

Whether your business deals in raw materials, components and parts or finished products, your inventory is an essential source of potential revenue. It represents a significant investment and is part of your total current assets. Learn more about what current assets are and the best way to calculate and use your current assets. What Is Considered a Current Asset?

Inventory 52

Inventory Raw materials Demand Purchasing 52

All Things Supply Chain

JANUARY 9, 2023

Looking back at the trials and tribulations that faced the supply chain in 2022, the biggest obstacle proved to be operating in a world changed by the global pandemic.

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Supply chain Supply Supply chain management Supply chain management 264

Advertiser: GEP

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

Category management

ivalua

JANUARY 8, 2023

What Lieferkettengesetz Means for Procurement? By Jan-Hendrik Sohn. The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany.

supply chain software solutions 244

supply chain software solutions Supply Chain Efficiency Supply chain Procurement 244

Procurement Tactics

JANUARY 9, 2023

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. The Shift Towards Sustainability While maintaining high Profitability. The shift towards sustainability is gaining popularity. However, many are still doubtful about the benefits it may give, especially since shifting towards it entails a huge investment.

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Sustainability Collaboration Strategy Suppliers 210

All Things Supply Chain

JANUARY 13, 2023

In 2022 Walmart made over 6,000 drone deliveries Walmart announced they completed more than 6,000 drone deliveries in 2022.

Supply chain 245

Supply chain Supply Logistics 245

Una

JANUARY 10, 2023

EPISODE 97. No One Climbs Mount Everest Alone with Dylan McCabe. By Kelly Barner | January 11, 2023. When you are starting a new company, it is a challenge to convince customers that they should choose you over their alternatives. When you are also pioneering a completely new business model for your target market, that challenge increases substantially.

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Sourcing Collaboration Import Demand 145

Procurement Tactics

JANUARY 8, 2023

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Sustainable Procurement Analysis — The Ultimate Guide. Procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. However, what is it when it comes to sustainability? In this article, we will discuss what sustainable procurement analysis is.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Art of Procurement

JANUARY 10, 2023

The user experience associated with procurement technology has come a long way. I’m dating myself here, but procurement used to. The post Procurement, meet no-code development appeared first on Art of Procurement.

Procurement 145

Procurement Data 145

Advertiser: ZoomInfo

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

Data

Supply Chain Dive

JANUARY 10, 2023

Rising inflation, strike threats and slowing demand triggered a wave of business uncertainty following months of growth. Take a look back at 13 memorable moments.

Supply chain 135

Supply chain Demand Supply 135

Supply Chain Brain

JANUARY 11, 2023

Looking at the year to come and beyond, here are the top four logistics industry predictions for 2023.

Logistics 132

Logistics 132

Procurement Tactics

JANUARY 12, 2023

Procurement success in 2023 with our Strategy Course. Download Course Details →. . Or receive our famous weekly newsletter. Greek Negotiations — Everything You Should Know. Greek negotiations are what we can call an etiquette of Greek or Hellene people when negotiating. Of course, just like any other country, they have their ways of negotiating in business.

Negotiation 195

Negotiation Import Procurement Strategy 195

Procurement Leaders

JANUARY 13, 2023

From the technology sector to banking and retail, soaring costs and persistent uncertainty have led companies to cut thousands of jobs in the second half of 2022. US employers announced a total of 76,835 job cuts in November 2022 – a 127% increase on the October figures, according to a report from employment consultant Challenger, Gray & Christmas.

Sustainability 130

Sustainability Procurement team Procurement Risk 130

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In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

supply chain budgeting

ivalua

JANUARY 12, 2023

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? In this blog post, we’ll discuss six key strategies to help public procurement teams optimize their workflows while maintaining regulatory compliance. .

Strategy 130

Strategy Real-time Visibility Procurement Procurement team 130

Procurement Heads

JANUARY 10, 2023

For Procurement Heads’ latest CPO Spotlight, he spoke with James Dobbin about what drew him to financial and professional services and what some of the biggest challenges facing the sector are. How much has changed in the world of Procurement since we last spoke in 2019 ? It seems like a lifetime ago! Lots has changed, lots in the economy, the wider society, and geo-political events as well all impacting the supply chain as well as the pandemic, the list is almost endless.

supply chain software solutions 130

supply chain software solutions Supply Chain Efficiency Negotiation Supply chain 130

Procurement Tactics

JANUARY 12, 2023

Procurement success in 2023 with our Strategy Course. Download Course Details →. . Or receive our famous weekly newsletter. Negotiation Power — The Ultimate Guide of 2023. Negotiation power is the predictor of the outcome of the negotiation. However, where does power in negotiation come from? For this article, we will discuss what negotiation is. We will tell you the main source of power in negotiation and tips to become an effective negotiator in your profession and everyday life. .

Negotiation 189

Negotiation Sourcing Import Strategy 189

Supply Chain Brain

JANUARY 10, 2023

John Ferguson, chief executive officer of TBM Consulting Group, discusses the importance of Taiwan to global semiconductor production, and tells how the supply chain would be impacted by China invading Taiwan.

Supply chain 124

Supply chain Supply Import 124

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

Innovation

Supply Chain Dive

JANUARY 9, 2023

The delivery giant could process 5 million more returns than it did a year ago.

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Strategic Sourceror

JANUARY 9, 2023

From far-reaching wildfires in states that typically don't get them in the summer to a spike in Category 4 hurricanes in the fall, the devastating repercussions of climate change play out across the country on a regular basis. While weather as a rule is variable, evidenced by the natural changes in air temperatures from seasonality, the data proves that the planet's temperature is on a steady track higher.

Strategic sourcing 104

Strategic sourcing Strategic sourcing Supply chain Procurement 104

Procurement Tactics

JANUARY 12, 2023

Procurement success in 2023 with our Strategy Course. Download Course Details →. . Or receive our famous weekly newsletter. Negotiating in Business — Everything You Should Know. Negotiating in business involves give and take. Each party tries to persuade the other one to agree with their point of view. It may seem frightening but it is important to grow your business. .

Negotiation 189

Negotiation Import Price Strategy 189

Supply Chain Brain

JANUARY 12, 2023

Buyers and suppliers need to abandon their old ways of operating, and build more collaborative relationships that are rooted in trust. .

Buyers 119

Buyers Suppliers Supply chain Collaboration 119

Advertiser: GEP

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

Supply chain

Supply Chain Dive

JANUARY 9, 2023

Rival FedEx ranked second among national carriers, posting a 7 percentage-point improvement from the last holiday season.

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Supply Chain Queen

JANUARY 9, 2023

Sustainable supply chains are good for the planet and good for business. In this podcast, Malcolm Gladwell takes on this topic with Tim Harford, host of Cautionary Tales, and guest Sheri Hinish, IBM’s Global Sustainability Services Leader and Offering Leader for Sustainable Supply Chain, known as the “supply-chain queen.” They discuss the supply-chain crisis and.

Supply Chain Efficiency 100

Supply Chain Efficiency Sustainability Supply chain Supply 100

Procurement Tactics

JANUARY 12, 2023

Procurement success in 2023 with our Strategy Course. Download Course Details →. . Or receive our famous weekly newsletter. Freelance Procurement — Everything You Should Know. Freelance procurement is popular with many companies, especially those who need more help in their procurement process. However, how is it done? For this article, we will talk about what freelance procurement is.

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Procurement Raw materials Sourcing Suppliers 187

Supply Chain Brain

JANUARY 8, 2023

Artificial intelligence has penetrated virtually every aspect of modern life, and last-mile delivery is no exception, says Bart De Muynck, chief industry officer with project 44.

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Advertiser: ZoomInfo

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

Buyers

Supply Chain Dive

JANUARY 13, 2023

The end of the country's zero-COVID policy is causing production hiccups in the crucial weeks before the Chinese New Year holiday.

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Positive Purchasing

JANUARY 13, 2023

Andy Martyr-Icke, who works in the UK with National Grid’s electricity distribution business, has over 35 years’ experience in utilities and electricity distribution. Here he looks at how we will power procurement for the future. Specifically, what we need to know about energy and the future of how the industry and transport will be powered, plus, what procurement needs to be planning for.

Procurement 98

Procurement Supply Chain Efficiency Cost of ownership Demand 98

Procurement Tactics

JANUARY 12, 2023

Procurement success in 2023 with our Strategy Course. Download Course Details →. . Or receive our famous weekly newsletter. Logrolling Negotiation — Everything You Should Know. Logrolling negotiation is useful when making tradeoffs on the different perspectives of parties at the negotiation table. However, what is it? For this article, we will talk about what logrolling negotiation is.

Negotiation 184

Negotiation Budget Strategy Price 184

Supply Chain Brain

JANUARY 12, 2023

Manufacturers, distributors and retailers need to pivot to a smart just-in-telligent methodology, blending just-in-time and just-in-case with the science of artificial intelligence (AI) and automation.

Supply chain 111

Supply chain Supply 111

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Supply Chain Optimization